2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH
86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH
55.3%CURRENT US$
Rnk 38 / 195

About

China-Honduras Trade: In 2023, China exported $2.4B to Honduras. The main products that China exported to Honduras were Coated Flat-Rolled Iron ($252M), Broadcasting Equipment ($140M), and Motorcycles and cycles ($87.4M). Over the past 5 years the exports of China to Honduras have increased at an annualized rate of 9.45%, from $1.53B in 2018 to $2.4B in 2023.

In 2023, China did not export any services to Honduras.

Honduras-China Trade: In 2023, Honduras exported $87.6M to China. The main products that Honduras exported to China were Rough Wood ($48.3M), Scrap Copper ($8.78M), and Iron Ore ($6.66M). Over the past 5 years the exports of Honduras to China have increased at an annualized rate of 2.18%,  from $53.4M in 2018 to $87.6M in 2023.

In 2023, Honduras did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $2.4B to Honduras. The main products exported from China to Honduras were Coated Flat-Rolled Iron ($252M), Broadcasting Equipment ($140M), and Motorcycles and cycles ($87.4M). During the last 5 years the exports of China to Honduras have increased at an annualized rate of 9.45%, from $1.53B in 2018 to $2.4B in 2023.

In 2018, Honduras exported $87.6M to China. The main products exported from Honduras to China were Rough Wood ($48.3M), Scrap Copper ($8.78M), and Iron Ore ($6.66M). During the last 5 years the exports of Honduras to China have increased at an annualized rate of 2.18%, from $53.4M in 2023 to $87.6M in 2018.

Exports from China (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Honduras
Top Destination
United States$5.87B

This map shows whether countries import more from China or Honduras. Each country is colored based on the difference in imports they receive from China and Honduras or the difference in the growth in imports.

In 2023, countries that imported more from China than Honduras included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Honduras than from China.

Difference in imports from Honduras (Flag) and China (Flag) (2023)

Comparative Advantage China - Honduras

Flow
Scale

This chart compares trade between China and Honduras by product, considering products traded by both, China and Honduras.

During 2023, China had a large net trade with Honduras in the exports of Machines ($823M), Metals ($510M), and Transportation ($228M).

During 2018, Honduras had a large net trade with China in the exports of Wood Products ($48.3M), Metals ($9.26M), and Textiles ($7.49M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Honduras+$34.2MTelephones
Top Product Potential Honduras China+$10.9MKnit T-shirts

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Honduras. This means that a dot/product with the flag of China indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over China.

Product Space of China (Flag) and Honduras (Flag) (2023)

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